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Director, Treasury New York, New York, United States

Company: Tbwa Chiat/Day Inc
Location: New York
Posted on: March 14, 2025

Job Description:

Flex is a growth-stage, NYC headquartered FinTech company that is creating the best rent payment experience. It's hard to believe that it's 2025 and paying rent on time is expensive, inflexible, and difficult. We're here to change that! Flex enables our users to pay rent throughout the month on a schedule that better fits their finances and budget. Our mission is to empower as many renters as possible with flexibility over their most significant recurring expense. After deliberately keeping a stealth profile as we built up unprecedented investor support and an enthusiastic user base, we are looking for motivated individuals to help us keep our mission growing. Will you be a part of the team?About the roleThe Treasury team is responsible for developing and implementing strategies to efficiently operate our business that pays $1 billion (and growing) of customer rents each month-one of Flex's most critical functions. The ideal candidate will have a wide understanding of cash operations, reconciliations and treasury controls used by specialty finance companies. Additionally, the ideal candidate will be extremely detail oriented and have strong interpersonal skills.This is a hybrid position with on-site expectations of 3 days per week in our New York Headquarters. For candidates outside of the NY/NJ area, you may be eligible for our relocation assistance program.What you'll do

  • Manage a small team making and executing strategic Treasury initiatives for a rapidly evolving company.
  • Own the company's cash operations including the processing of borrower collections and the purchase and sale of receivables. Create and maintain reconciliations of funds movements.
  • Develop and operationalize new product and credit facility fund flows.
  • Build and operate a best in class cash controls environment.
  • Work closely with Capital Markets counterparts to ensure adequate funding for daily operations.
  • Responsible for daily liquidity and cash investments to maximize interest and prevent business disruptions.
  • Manage banking relationships and negotiate terms to maximize services and minimize costs.
  • Drive strategy and optimize tactics as it relates to Treasury initiatives by partnering cross-functionally with our Product, Sales and Marketing, Servicing and Risk teams.
  • 5+ years of relevant industry experience at a financial institution with a complex Treasury operation.
  • Broad understanding of treasury operations, cash controls, reconciliation reporting and capital markets.
  • BA/BS degree in a quantitative discipline or equivalent work experience; MBA or CFA is a plusThe compensation range for this role will be commensurate with the candidate's experience and Flex's internal leveling guidelines and benchmarks. For working locations in NY/NJ/CA, the base salary pay range will be $210,000 - $226,000. For all other states, the base salary pay range will be $190,000 - $203,000.Life at Flex:We understand that it takes a diverse team of highly intelligent, curious, determined, empathetic, and self aware people to grow a successful company. Our HQ is located in New York City, but we have employees located throughout the US, Australia, Canada and South America. We are growing quickly, but deliberately, with a focus on building an inclusive culture. Our dynamic team has incredible perspectives to share, just as we know you do, and we take great pride in being an equal opportunity workplace.We offer many employee benefits. For full time, U.S. based employees we offer:
    • Competitive pay
    • 100% company-paid medical, dental, and vision
    • 401(k) + company equity
    • Unlimited paid time off with a PTO minimum + 13 company paid holidays
    • Parental leave
    • Flex Cares Program: Non-profit company match + pet adoption coverage
    • Free Flex subscriptionFor full time non-US employees, we offer:
      • Competitive Pay
      • Company Equity
      • Unlimited PTOApply for this job
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Keywords: Tbwa Chiat/Day Inc, New York , Director, Treasury New York, New York, United States, Executive , New York, New York

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